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№02 · HEAD-TO-HEAD · Edition №08 · Updated 11 March 2026

stc Bank vs Rakuten Bank.

stc Bank (s76/100) and Rakuten Bank (R70/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. stc Bank leads Rakuten Bank 3-2.

Quick verdict stc Bank 3–2
Score 01 of 1
Fees 10 of 4
Protection 01 of 2
Reach 10 of 3
UX 01 of 2
Rakuten Bank stc Bank
Banks compared 2 banks · 12 dimensions
R Rakuten Bank 70/100 s stc Bank 76/100 + Add a third bank
Tally · who wins more rows12 dimensions compared
RRakuten Bank
23 tie · 7 loss
sstc Bank
33 tie · 6 loss
Winner: stc Bank Closest gap: 1rowEdition №08
R
Rakuten Bank №33 · JFSA 70 /100
s
stc Bank №17 · SAMA 76 /100
Score
Composite score Out of 100 70 /100 76 /100
Fees
Monthly fee Cheapest paid tier (€0 if free) €0 Free tier €0 Free tier
FX markup Debit card abroad Interbank 1.50%
Free FX / month EUR equivalent €0 €0
Free ATM Before fee kicks in
Protection
Banking licence Tier Full bank JFSA Full bank SAMA
Deposit guarantee Per depositor Safeguarded No DGS €200,000 SA.SAMA-DPS
Reach
Markets served Licensed jurisdictions 1 country 1 country
Crypto Coins available No No
Stocks & ETFs Self-directed Yes No
UX
Trustpilot Customer score
App store iOS + Android avg 4.3 ★ iOS 4.4 · And 4.2 4.5 ★ iOS 4.6 · And 4.5
Read review Read review

Pick Rakuten Bank if…

Rakuten Bank №33

Largest Japanese internet-only bank by customer count (~14M+) and the only TSE Prime-listed pure-play net bank (TYO: 5838, IPO 21 April 2023 — the largest Japanese IPO in five years at the time). Originally chartered as eBank in 2001; acquired by Rakuten Group (TYO: 4755) in 2009. Structural moat is the Rakuten Points + Rakuten Card + Rakuten Securities + Rakuten Mobile + Rakuten Ichiba ecosystem — points cross-pollinate across the entire surface area. Full FSA Banking Act licence; statutory DICJ member at the JPY 10,000,000 ceiling.

Pick stc Bank if…

stc Bank №17

First SAMA-licensed digital full bank in Saudi Arabia (received bank licence 2023, originally launched as stc pay in 2017). Backed by Saudi Telecom (stc) — telecom-grade reach across the Kingdom. Multi-currency support and instant onboarding via Absher distinguish it from legacy KSA banks. SAMA Deposit Protection Fund cover.

Best at a glance Axis-by-axis winner — ties skipped.
  • Best for fees Rakuten Bank won 1 of 4
  • Best for protection stc Bank won 1 of 2
  • Best for reach Rakuten Bank won 1 of 3
  • Best for ux stc Bank won 1 of 2
Frequently asked

stc Bank vs Rakuten Bank — FAQ

Quick answers to the four questions the search-bar asks most about a head-to-head.

Is Rakuten Bank better than stc Bank?

Under our v3 methodology, stc Bank leads Rakuten Bank 3–2 across 12 dimensions. Composite scores: Rakuten Bank 70/100 vs stc Bank 76/100. stc Bank is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.

Is Rakuten Bank or stc Bank cheaper?

Monthly fee — Rakuten Bank: €0; stc Bank: €0. Card FX markup — Rakuten Bank: Interbank; stc Bank: 1.50%. Rakuten Bank wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.

Which is safer for deposits, Rakuten Bank or stc Bank?

Rakuten Bank holds a Full bank licence under JFSA; deposit guarantee per depositor: Safeguarded. stc Bank holds a Full bank licence under SAMA; deposit guarantee per depositor: €200,000. stc Bank is the stronger pick on regulatory protection.

Where can I use Rakuten Bank and stc Bank?

Rakuten Bank operates in 1 country; stc Bank operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.

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